2 Office Condos For Sale

Office for Sale
Catylist Listing ID: 30365282
Property Subtypes: Business Park, Mixed Use, Net Leased, Other
Condo? Yes
Building Size (RSF): 2,336 SF
Sale Price: $347,500
Property Use Type: Net Leased Investment (NNN), Investment
Building Name: Ponds Edge
Usable Size (USF): 2,336 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Average Occupancy Rate: 100
Last Updated: 1/14/2019

Overview / Comments

Ponds Edge is a small office park well located just north of Ogden & Bayshore. They are single story units well built with brick exterior. These units C & D both are currently occupied by long term tenants.

Unit C 1056 SF Sale price $157,090
Unit D 1280 SF Sale price $190,410

Sale Price for both units together $347,500

Additional Details

Nearest MSA: Wilmington
County: New Hanover
Taxing Authority: New Hanover County
Tax ID/APN: R03600-004-006-003 & R03600-004-006-004
Is Condo?: Yes
Zoning: B-2
Property Located Between: Ogden & Porter's Neck Walmart
Property Visibility: Good
Highway Access: Located on US HWY 17 (Market Stree)
Airports: ILM
Site Description: Beautiful wooded setting, quiet, woods, patio styled office condos. Private feeling setting on Market Street. Desirable and growing area.
Number of Stories: 1
Year Built: 1998
Construction/Siding: Brick
Parking Type: Surface
Heat Source: Heat Pump
Zoning Description: Highway Business Dist-Hvy Comm B-2
Easements Description: of record
Legal Description: Unit C and D Ponds EDGE OFFICE CONDOMINIUMS

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,063 35,524 77,149
Median Age: 38.01 40.01 36.83
Households: 2,100 14,691 31,955
The information presented herein is provided as is, without warranty of any kind. Neither Cape Fear REALTORS® nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.